- Taylor Business Institute (TBI) is a small, female- and minority-owned forprofit college in downtown Chicago (founded 1962 as the Nancy Taylor Secretarial School; acquired in 1986 by President Janice C. Parker). Accredited by the Higher Learning Commission since 2017, TBI offers Associate of Applied Science degrees, certificates, and ESL programs. Known for its culturally inclusive environment, personalized attention, hands-on training, flexible scheduling, and small class sizes, it also provides scholarship and tuition relief options through its Level Playing Field Foundation. In June 2025, TBI received authorization from the Illinois Board of Higher Education to expand its criminal justice AAS program via a new classroom extension in Naperville.
School Highlights
Taylor Business Institute serves 200 students (100% of students are full-time).
The college's student-teacher ratio of 27:1 is higher than the state community college average of 21:1.
Minority enrollment is 100% of the student body (majority Black), which is less than the state average of 53%.
Quick Facts (2025-26)
- Enrollment: 200 students
- In-state tuition: $11,175
- Out-state tuition: $11,175
- Acceptance Rate: 89%
- Student-teacher ratio: 27:1
- Minority enrollment: 100%
- Source: Verified school update
Top Rankings
Taylor Business Institute ranks among the top 20% of public schools in Illinois for:
Category
Attribute
Completion Rates
School Overview
The teacher population of 17 teachers has stayed relatively flat over five years.
Taylor Business Institute
(IL) Community College Avg.
Carnegie Classification
Associate's Colleges: High Career & Technical-Mixed Traditional/Nontraditional
Associate's Colleges: Mixed Transfer/Career & Technical-High Nontraditional
Institution Level
Less than 2 yrs
At least 2 but less than 4 years
Institution Control
Public
Public
Total Faculty
17 staff
239 staff
School Calendar
Student Body
The student population of Taylor Business Institute has grown by 88% over five years.
The student-teacher ratio of 27:1 has increased from 6:1 over five years.
The Taylor Business Institute diversity score of 0.31 is less than the state average of 0.69. The school's diversity has declined by 53% over five years.
Total Enrollment
200 students
3,838 students
Student-Teacher Ratio
27:1
21:1
# Full-Time Students
200 students
1,091 students
# Part-Time Students
n/a
2,747 students
# Enrollment Undergraduate
467 students
328 students
# Full-Time Undergraduate Students
200 students
1,091 students
# Full-Time Graduate Students
n/a
43 students
# Part-Time Undergraduate Students
n/a
3,310 students
# Part-Time Graduate Students
n/a
18 students
Total Dormitory Capacity
n/a
132 students
% Asian
n/a
6%
% Hispanic
1%
26%
% Black
5%
13%
% White
n/a
47%
% Two or more races
n/a
3%
% Non Resident races
82%
1%
% Unknown races
12%
4%
Diversity Score
0.31
0.69
College Completion Rate (Students who graduate in less than 4 years)
56%
40%
College Completion Rate (Students who graduate in 4 years or more than 4 years)
n/a
55%
Average Graduate Earnings (10 Years)
$27,300
$31,800
Tuition and Acceptance Rate
The public in-state tuition of $11,175 is more than the state average of $7,875. The in-state tuition has stayed relatively flat over four years.
The public out-state tuition of $11,175 is more than the state average of $10,847. The out-state tuition has stayed relatively flat over four years.
In-State Tuition Fees
$11,175
$7,875
Out-State Tuition Fees
$11,175
$10,847
% Students Receiving Some Financial Aid
23%
81%
Median Debt for Graduates
$20,359
$7,550
Median Debt for Dropouts
$6,184
$3,881
Acceptance Rate
89%
89%
SAT Reading
n/a
390
SAT Math
n/a
360
SAT Writing
n/a
355
ACT Composite
n/a
17
ACT English
n/a
17
ACT Math
n/a
17
Source: 2024 (or latest year available) Integrated Postsecondary Education Data System (IPEDS)
School Notes
- Taylor Business Institute's mission is to empower a broad and diverse student population through high-quality education and support. The college provides:A safe and supportive environment with small class sizes and personalized attention.Associate of Applied Science degrees designed to build workforce skills and career readiness.Educational pathways that prepare graduates for employment or serve as a stepping stone toward bachelor's degree programs.Affordable education with financial aid and tuition assistance options for students who demonstrate need.A globally diverse campus community, welcoming students from more than 30 countries.At its core, Taylor Business Institute fosters a community where faculty, staff, and students work together to support one another and focus on student success.
Profile last updated: 07/23/2025
Frequently Asked Questions
How much does Taylor Business Institute cost?
Taylor Business Institute's tuition is approximately $11,175 for In-State students and $11,175 for Out-State students.
What schools are Taylor Business Institute often compared to?
Taylor Business Instituteis often viewed alongside schools like City Colleges of Chicago-Harold Washington College by visitors of our site.
What is the acceptance rate of Taylor Business Institute?
The acceptance rate of Taylor Business Institute is 89%, which is equal to the state average of 89%.
What is Taylor Business Institute's ranking?
Taylor Business Institute ranks among the top 20% of community college in Illinois for: Average community college minority breakdown and Highest completion rates.
In what neighborhood is Taylor Business Institute located?
Taylor Business Institute is located in the Chicago Loop neighborhood of Chicago, IL. There are 4 other community '.colleges.' located in Chicago Loop.
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